Specialist secured loans company, Link-Lending, released a wave of interest rate reductions on their range of secured loans which are open to applications for customers borrowing up to 75% of their property value. These positive changes kick with immediate effect and in the correct circumstances can see up to 2.5% shaved from the interest rate being charged.
The rate reduction is thought to be the result of an increased appetite to lend money which is being driven through a series of master brokers, those companies who arrange volume business with Link.
It is understood that Link aim to be a long term player in the new secured loans market which are emerged from the post credit crunch environment in the UK.
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